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Gold/Mining/Energy : Mosenergo ADR

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From: Copperfield3/6/2006 9:07:36 AM
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The board of Open Society " Mosenergo " has discussed results of industrial - economic and financial and economic activity of the company for 2005, and also problems(tasks) for 2006.

06.03.2006.
Moscow

On Friday, on March, 3, the expanded board meeting Open Society " Mosenergo " with participation of heads of branches of the Society has taken place. The board has discussed results of industrial - economic and financial and economic activity of the company for 2005, and also problems(tasks) for 2006.

The board of Open Society " Mosenergo " has decided to count priority problems(tasks) of activity of the Society for 2006 maintenance of preparation for passage of a autumn-winter maximum of loadings (???) of 2006-2007, construction of new power units on THERMAL POWER STATION - 21, THERMAL POWER STATION - 26, THERMAL POWER STATION - 27 on the basis of highly effective steam-gas technologies, modernisation of power stations within the framework of realization of the Program of development and modernisation of the Moscow power supply system. Besides the Board has decided to provide work on reconstruction and replacement of turbines by THERMAL POWER STATION - 9 and THERMAL POWER STATION - 21 till beginning ??? of 2006-2007, and also to provide delivery of additional capacity at a rate of 164 ???. Due to reconstruction of main switching centres (???) 10 ?? on THERMAL POWER STATION - 8, THERMAL POWER STATION - 11, THERMAL POWER STATION - 16, THERMAL POWER STATION - 20, THERMAL POWER STATION - 21, THERMAL POWER STATION - 23, THERMAL POWER STATION - 25, THERMAL POWER STATION - 26 and THERMAL POWER STATION - 27.

The board has noted duly and qualitative preparation of all branches of Open Society " Mosenergo " and successful passage of a autumn-winter maximum of loading of 2005-2006.

Before participants of the expanded board meeting have acted with reports: the general director of Open Society " Mosenergo " A.JA. ??????, the first assistant to the general director on financial and economic questions, logistic and A.A.Negomedzjanov's selling, the first assistant to the general director - chief engineer V.V.Sergey, the assistant to the general director, chief accountant T.P.Dronova, the assistant to the general director on JU.E.valley's purchases, director on G.V.Presnov's modernisation, director under A.B.Lagutin's investments, director on A.P.Kuleshov's capital construction. Besides the Board has heard reports of directors of branches of Open Society " Mosenergo " on passage of a autumn-winter maximum of loading.

The expanded exit meeting of Board is carried out(spent) quarterly with the purpose of acquaintance of branches of Open Society " Mosenergo " with plans for development and financing of activity of the Society.

(computer translated)
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